Rental market snapshot for Overlake, Bellevue
Overlake rental market summary
The rental market in Overlake, Washington is showing signs of growth. In July of 2023, there were 127 new listings, a 5.4% increase from the previous month. This is a positive sign for the rental market in the area, as it indicates that more people are looking to rent in the area. The median rent in July of 2023 was $2,607, a 6.8% increase from the same time last year. This is a significant increase in rent prices, and it shows that the rental market in Overlake is becoming increasingly competitive.
Overall, the rental market in Overlake is looking strong. With more listings and higher rent prices, it is becoming an attractive option for renters. The increase in rent prices is a sign that the rental market is becoming more competitive, and that renters should be prepared to pay more for their rental. With the right preparation, renters can find a great place to call home in Overlake.
Median rent for all residential properties in Overlake
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The most expensive listings and top trending buildings in Overlake
Most Expensive Listings
Address | Rent Price | Bed / Bath |
---|---|---|
1235 134th Ave NE | $5,950 | 4 / 3.5 |
14722 NE 15th Ct | $5,900 | 5 / 3.5 |
12269 NE 12th Ln | $5,049 | 2 / 2.0 |
12258 NE 12th Ln | $4,577 | 2 / 2.0 |
1375 121st Ave NE | $3,998 | 2 / 2.0 |
Top Trending Buildings
building name | avg rent price |
---|---|
AMLI Residential | $2,945 |
Greystar* | $2,598 |
Greystar Real Estate Partners LLC | $2,551 |
Zillow Rental Network | $2,228 |
First Pointe Management Group | $2,073 |
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Bedroom Breakdown in Overlake
Overlake neighborhood apartments rents
The rental market for studios in Overlake, Washington is showing signs of growth. In July 2023, there were 12 new studio listings, representing an 8.2% increase in median rent from June 2023. The median rent for studios in July 2023 was $2,114, which is a significant increase from the median rent of $1,954 in June 2023. This indicates that the rental market for studios in Overlake is becoming increasingly competitive, and renters should expect to pay more for their desired studio space.
The rental market for 1-bedroom apartments in Overlake, Washington is showing signs of growth. In July 2023, there were 25 new 1-bedroom listings, a 3.9% increase in median rent from June 2023 to July 2023, and a median rent of $2,503. This indicates that the rental market is becoming more competitive and that demand for 1-bedroom apartments is increasing.
The rental market for 2-bedroom apartments in Overlake, Washington is showing signs of growth. In July 2023, there were 23 new 2-bedroom listings, a 2.7% increase in median rent from June 2023 to July 2023, and a median rent of $3,229. This indicates that the rental market for 2-bedroom apartments in Overlake is becoming more competitive and that demand is increasing.